UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarterly Ended: March 31, 2013
Check here is Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing This Report:
Name: Sage Advisory Services, Ltd. Co.
Address: 5900 Southwest Parkway, Building 1, Suite 100
Austin, Texas 78735
13F File Number: 028-14814
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts
of this form.
Person Signing This Report on Behalf of Reporting Manager:
Name: Richard B. Williams
Title: Chief Compliance Officer
Phone: 512-327-5530
Signature, Place and Date of Signing:
Richard B. Williams, Austin, Texas May 13, 2013
Report Type (Check only one):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 14
Form 13F Information Table Value Total: 758668
(X1000)
List of Other Included Managers:
No. 13F File Number Name
01 N/A N/A
FORM 13F INFORMATION TABLE
Value Shares/ Sh/ Put/ Invstmt Other Voting Authority
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
--------- -------------- -------- ------- ------- --- ---- ------- -------- ----- ------ -----
ISH (OEF) S&P 100 ETF 46428710 88,360 1,254,576 SH Sole 352,406 0 902,170
ISH (LQD) IBOXX INV GRD CORP BD ETF 46428724 21,997 183,460 SH Sole 30,450 0 153,010
ISH (IVE) S&P 500 VALUE ETF 46428740 104,273 1,412,918 SH Sole 394,393 0 1,018,52
ISH (IEF) BARCLAYS 7-10YR TSY ETF 46428744 37,476 349,137 SH Sole 57,782 0 291,355
ISH (EFA) MSCI EAFE ETF 46428746 51,879 879,595 SH Sole 243,963 0 635,632
ISH (MBB) BARCLAYS FIXED BD FD ETF 46428858 74,507 690,265 SH Sole 113,780 0 576,485
ISH (CFT) LEHMAN CR BD FD ETF 46428862 37,208 330,533 SH Sole 54,668 0 275,865
ISH (PFF) PREF STK INDX ETF 46428868 29,128 718,843 SH Sole 268,113 0 450,730
VAN (BSV) SHORT BD FD ETF 92193782 17,561 216,825 SH Sole 0 0 216,825
VAN (VYM) HIGH DVD YL ETF 92194640 5,522 100,750 SH Sole 100,750 0 0
VAN (VWO) FTSE EMRG MKTS EQTY ETF 92204285 79,434 1,851,831 SH Sole 506,511 0 1,345,32
SPDR (SPY) S&P 500 ETF 78462F10 141,093 900,572 SH Sole 251,069 0 649,503
SPDR (GLD) GOLD TRUST ETF 78463V10 41,325 267,528 SH Sole 72,888 0 194,640
WIS (ELD) EMRG MKTS DEBT ETF 97717X86 28,905 550,262 SH Sole 217,162 0 333,100